Ottawa Market Update

Recent numbers reveal opposite forces at work! Residential prices are up overall but sales are waaaay down from last year – which means many homes are sitting on the market. For condos it’s the opposite picture – prices are down but sales are up… Looks like folks are starting to take advantage of condo pricing, which…

Word of the Week (6)

Real estate terms don’t have to be confusing – that’s why we’re breaking them down one week at a time.
This week’s word? Making sure you can afford your mortgage even if interest rates go up — lenders test you at a higher rate to be safe.